The Chase Sapphire Reserve® (see charges and charges), an uber-popular premium journey bank card, noticed a main refresh in June.
This replace ushered in quite a few modifications, together with the addition of a number of assertion credit, automated elite standing and an annual payment enhance that sometimes accompanies these sorts of modifications. The cardboard now carries a $795 annual payment — up $245 from its earlier $550 payment — however has quite a few assertion credit and advantages to offset this bounce.
Plus, you will earn one of the helpful and versatile currencies within the type of the Chase Final Rewards factors.
Presently, new candidates for the Sapphire Reserve can earn 100,000 bonus factors and a $500 Chase Journey℠ credit score* after spending $5,000 on purchases inside the first three months from account opening. This supply is ending quickly.
Based mostly on TPG’s August 2025 valuations, this bonus is value as much as $2,550 (together with the Chase Journey credit score).
For those who’re eager about making use of, this is the whole lot you should know relating to your eligibility for this profitable welcome bonus.
*Notice that the phrases for the journey credit score state: The promotional credit score is legitimate for one-time use solely. For those who apply the promotional credit score to a transaction lower than $500, you’ll forfeit the remaining stability.
Associated: The very best bank card welcome bonuses of the month
Am I eligible for the Chase Sapphire Reserve bonus?
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A consultant from Chase confirmed the next to TPG: “It is possible for you to to have each the Sapphire Reserve and the Chase Sapphire Most well-liked® Card (see charges and charges). New account bonus supply eligibility for both card can be primarily based on elements together with beforehand earned bonus affords and the variety of playing cards opened and closed, amongst others.”
When you have beforehand obtained a Sapphire Reserve welcome bonus, you’ll not be eligible to obtain one other Sapphire Reserve welcome bonus. Even when it has been years because you obtained a welcome bonus on a specific Sapphire card, you almost certainly is not going to be eligible to earn one other bonus on that identical Sapphire card.
This additionally applies to the Sapphire Most well-liked, so in the event you obtained a welcome bonus on the Most well-liked, you’ll not be eligible for an additional Sapphire Most well-liked bonus.
Different issues to notice are:
- You will not be eligible for a Sapphire Reserve bonus in the event you’re a present Sapphire Most well-liked cardholder.
- For those who’re not a Sapphire buyer and by no means obtained a bonus on the Sapphire Reserve, you will almost definitely be eligible.
For instance, I at present maintain the Sapphire Most well-liked and have by no means had the Sapphire Reserve. As a present, lively Sapphire buyer, I might apply and get accredited for the Sapphire Reserve, however would nearly definitely not be eligible for the bonus.
Moreover, TPG senior editorial director Nick Ewen at present has the Sapphire Reserve, and he had the Sapphire Most well-liked a few years in the past. He might apply for the Sapphire Most well-liked, however he would not be eligible for the bonus, since he is a present Sapphire Reserve buyer. Even when he downgraded his card, he beforehand earned a bonus on the Sapphire Reserve, so he nearly definitely would not be capable to earn one other one.
When making use of for the Sapphire Reserve, a pop-up device will inform you in the event you’re eligible for a welcome bonus earlier than you submit an utility and Chase runs a credit score examine. That is one of the best ways to verify in the event you’re eligible for a welcome bonus. For those who’re not eligible for a welcome bonus, you’ll be able to nonetheless proceed with the appliance and attempt to get accredited with no bonus.
Associated: The last word information to bank card utility restrictions
The 5/24 rule
Chase is understood for its notorious 5/24 rule, which states which you could’t have opened 5 or extra playing cards previously 24 months throughout all banks and issuers.
This contains accounts you might be a licensed consumer on; nonetheless, many enterprise playing cards do not depend towards your 5/24 standing. So, to be able to be accredited for the Chase Sapphire and eligible for the Sapphire Reserve welcome bonus, you have to be beneath Chase’s 5/24 rule.
Associated: This is how you can calculate your 5/24 standing
Shifting credit score traces
Moreover, if in case you have a number of bank cards with Chase, you could have reached your most complete obtainable credit score restrict, which may probably trigger your utility to be declined when making use of for the Sapphire Reserve.
If this occurs, you’ll be able to name the Chase reconsideration line at 1-888-270-2127 and ask them to shift a few of your credit score restrict from an present Chase card with the intention to get accredited for the Sapphire Reserve.
Associated: What credit score rating do you should get the Chase Sapphire Reserve card?
Can I maintain each the Sapphire Reserve and Sapphire Most well-liked on the identical time?
Beforehand, you have been solely capable of maintain one Sapphire card at a time. Nonetheless, with this new refresh of the Sapphire Reserve, now you can maintain each the Sapphire Reserve and Chase Sapphire Most well-liked on the identical time.
You simply will not be eligible to earn one other welcome bonus if in case you have beforehand earned one because of the new bonus eligibility restrictions.
As well as, in the event you do not wish to maintain each playing cards, you’ll be able to improve and downgrade between Sapphire merchandise.
Associated: Your largest Chase Sapphire Reserve questions answered: From bonus eligibility to incomes charges
Backside line
The present supply on the revamped Chase Sapphire Reserve is a superb deal, however it’s ending quickly. Based mostly on TPG’s August 2025 valuations, it’s value as much as $2,550 and might give you a giant stash of Final Rewards factors. For these in search of a premium journey card with nice earnings charges and advantages, the Sapphire Reserve needs to be on the high of your checklist.
Keep in mind to concentrate to any pop-ups in the course of the utility course of, as one among them might point out whether or not you are eligible or not for a welcome bonus.
Apply right here: Sapphire Reserve providing the flexibility to earn 100,000 bonus factors and a $500 Chase Journey credit score after spending $5,000 on purchases within the first three months from account opening. (Supply ending quickly).
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